This "banc villageois" loan group was created 2 September 2008. It consists of women living in the same and surrounding neighborhoods. Its members are united by good social relations. They are all active in retail businesses.

Ms. Diouma is a married woman. She is 23 years old and childless. She has been in the business of selling shoes and ready-to-wear clothes for the past five years. Diouma has a fairly good experience in her field.

Her new 115,000 (FCFA) credit loan will allow her to obtain the merchandise mentioned above.

The profits she make will enable her to contribute towards family events, but also to pay for food for family on her mother's side.

Additional Information

About CAURIE Micro Finance

The mission of CAURIE Micro Finance is to contribute sustainably and to offer microfinance services adapted to impoverished micro-entrepreneurs, primarily women, based on the principles of ‘credit for the poor’ and on microfinance best practices, all while investing in order to become financially independent.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.